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the senate has approved the house bill to extend the debt ceiling. it permits the government to borrow billions to avoid default. the bill will now go to president obama for his signature. that's what we know for now. >>> on to the next story, the virginia state senate, this came in the last half hour, has passed legislation making it illegal to smoke with kids in the car. the bill would prohibit smoking in a car with a child under the age of 15. drivers would be ticketed, same way they would for traffic. that goes to the house now. >>> "parks and rec" amy poehler gets a book deal. >>> kourtney kardashian's boy grind describes a luxurious life. >>> here's georgia alfredas, host of "the russ parr show." georgia, the "new york post" story about dan marino and this lovechild has broken. the child he supposedly had with a production assistant. >> the child is only 7-year-old. to the rest of us, this seems like the biggest kept secret in nfl, but according to him, he'sing taking care of this kid for seven years, taking responsibility. he took responsibili
the senate has approved the house bill to extend the debt ceiling. it permits the government to borrow billions to avoid default. the bill will now go to president obama for his signature. that's what we know for now. >>> on to the next story, the virginia state senate, this came in the last half hour, has passed legislation making it illegal to smoke with kids in the car. the bill would prohibit smoking in a car with a child under the age of 15. drivers would be ticketed, same way...
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Feb 1, 2013
02/13
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. >> congress extended the debt ceiling, that they have yet to prevent big spending cuts. >> 800,000 civilians will lose their jobs. bases will have to be closed. the grants will have to be stopped. >> that could add to the unemployment numbers announced today. we also expect to get hard figures on how many people are out of work. tracie potts from washington, back to you. >> if you have the flu, stay away from fido. how you can protect your furry friends. a traveling band with a lot of heart. heart. [ telephone rings ] good evening, this is flo. [laughs] yes, i'm that flo. aren't you sweet! licensed phone-ups available 24/7. call 1-800-progressive. >> in this afternoon's medical alert, any at owner knows if you fall ill there is nothing better than snuggling up with your pet , but flu sufferers should not get too close. >> 14 cats and one dog has been sick and or died from the h1n1 flu virus since 2006, possibly spread by humans. this dr. from organs -- oregon state university said researchers do not know for sure if the seasonal flu can be transmitted to pets. >> the strain that wa
. >> congress extended the debt ceiling, that they have yet to prevent big spending cuts. >> 800,000 civilians will lose their jobs. bases will have to be closed. the grants will have to be stopped. >> that could add to the unemployment numbers announced today. we also expect to get hard figures on how many people are out of work. tracie potts from washington, back to you. >> if you have the flu, stay away from fido. how you can protect your furry friends. a traveling...
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Feb 1, 2013
02/13
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that debt ceiling vote the senate has approve it, the house already did so we can borrow morgan to pay our bills through may. congress at that point will have to deal with it again. richard? >> tracie potts in washington. thank you. new yorkers are waking up to the news of the passing of an icon, one of the city's and nation's most outspoken and popular politicians, ed koch has died of congestive heart failure. he served in world war ii and later was elected to three terms as mayor of new york city. ed koch dead at the age of 88. dramatic and contention day of testimony for senator charlie hagel. >> reporter: john mccain seized on hagel's opposition to the surge in iraq. >> the question is, are we right or wrong? that's a pretty straightforward question. >> well, i'm not going to give you a yes or no answer. >> reporter: over his 2008 comments related to israel that a quote jewish lobby intimidate a lot of people in congress. >> name one person in your opinion who is intimidated by the israeli lobby in the united states senate. >> well, first -- >> name one. >> i don't know. >> reporte
that debt ceiling vote the senate has approve it, the house already did so we can borrow morgan to pay our bills through may. congress at that point will have to deal with it again. richard? >> tracie potts in washington. thank you. new yorkers are waking up to the news of the passing of an icon, one of the city's and nation's most outspoken and popular politicians, ed koch has died of congestive heart failure. he served in world war ii and later was elected to three terms as mayor of new...
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Jan 31, 2013
01/13
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the senate will take up a bill to raise the debt ceiling. >> a tornado it is being blamed for a death in georgia. homes were destroyed, cars were tossed. thousands of people are without power in tennessee. three tornadoes touched down. >> now insta-weather plus and traffic pulse 11 together. >> it was a rough night in maryland. we had anywhere from 1-4 inches of rain. temperatures right now or in the 50's. a cold front is going through. following are steady temperatures for the rest of the day. there could be some leftover rain showers. it will be a lot colder this afternoon. seven-day forecast in a few minutes. >> we have a crash northbound on 95 at 32 in howard county. three left lanes are blocked. things are moving fine. we do not see any delays. some flooding from the heavy downpours overnight. york road, we have a closure. eastbound 50, we have a crash that is blocking the right lane. some debris blocking the right lane. 65 on the harrisburg expressway . traffic is moving find in both directions. that is the latest on traffic pulse 11. >> 52 degrees at the airport. >> 11 treat de
the senate will take up a bill to raise the debt ceiling. >> a tornado it is being blamed for a death in georgia. homes were destroyed, cars were tossed. thousands of people are without power in tennessee. three tornadoes touched down. >> now insta-weather plus and traffic pulse 11 together. >> it was a rough night in maryland. we had anywhere from 1-4 inches of rain. temperatures right now or in the 50's. a cold front is going through. following are steady temperatures for...
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Jan 31, 2013
01/13
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. >> the house passed this legislation last week to suspend the debt ceiling. it goes back to president obama who is expected to sign it. the measure withholds salaries if they do not pass a budget. some families are priced out of health insurance because of a glitch in the insurance overall. iras regulations failed to fix the problem. some families that cannot afford employer coverage will not able to get financial assistance from the government to buy private sector insurance. families were affected will not face a penalty if they remain uninsured. we do not know the numbers on how many people will be affected by this. >> the webcast job council is ending. despite continued unemployment problems. president obama greeted the panel in 2011 placing on a prominent business leaders and economists but it says it will now focus on new ways to engage the business community and create jobs. unemployment has dropped seven. -- to 7.8% since the council was formed. more than 12 million people remained without jobs. >> there is some snow in our future. we will have the ti
. >> the house passed this legislation last week to suspend the debt ceiling. it goes back to president obama who is expected to sign it. the measure withholds salaries if they do not pass a budget. some families are priced out of health insurance because of a glitch in the insurance overall. iras regulations failed to fix the problem. some families that cannot afford employer coverage will not able to get financial assistance from the government to buy private sector insurance. families...
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Feb 4, 2013
02/13
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then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on that kind of rationale is not a political win, not a policy win. everybody is losing. >> the "new york times" op-ed says more than a million jobs are on the line if this deal isn't made. a quote saying the losses will soon spread as contracts to states and cities are cut, education and police grants are cut, and payments to medicare providers are cut, even the aid just approved to victims of hurricane sandy will fall under the sequester's act. americans are about to find out what happens when an entire political party demands deficit reduction at all costs because those costs will be enormous. t
then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on...
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Feb 5, 2013
02/13
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has signed into law the government raising the debt creole creole -- debt ceiling. house republicans are calling out president obama for missing an official deadline on monday. by law the president is required to deliver his budget for the upcoming fiscal year to capitol hill. this is the fourth time in five years that simply did not happen. and house speaker john boehner is pointing fingers. >> going to be late. some reports say it could be as long as a month late. i think that's too bad. our economy could use some presidential leadership right now. >> republicans plan to hold a vote today on the new measure to drive attention to the missed deadline. the white house isn't saying when the 2014 spending plan is coming out. that is very unusual. the buzz is mid- to late march at this point which is pretty much unheard of. you do not see budgets delayed quite this long. you have to go back to the reagan era to find that kind of delay. >> any reason what's the holdup? >> this is all political. we have the sequestration set to hit in march but what's interesting is that
has signed into law the government raising the debt creole creole -- debt ceiling. house republicans are calling out president obama for missing an official deadline on monday. by law the president is required to deliver his budget for the upcoming fiscal year to capitol hill. this is the fourth time in five years that simply did not happen. and house speaker john boehner is pointing fingers. >> going to be late. some reports say it could be as long as a month late. i think that's too...
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Jan 31, 2013
01/13
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>> this moves the debt ceiling fight the back. now march 1, automatic spending cuts and defense and other programs begin to hit and government spending on march 27. next up, defense spending will be a topic of conversation in d.c. and congress. david: rich edson, thank you from d.c. liz: the chief strategist in the pits of the cme. right now i would love to sit here and talk about the trading action for today. the last day of january, it all @ooks very nice. it looks pretty good for january. here comes the january jobs report, is that what people are looking at? >> absolutely. the whole week has been pointed for tomorrow. lots of consumer confidence, lousy gdp, lots of bad numbers. everybody is pointing for this number tomorrow. if it doesn't beat significantly, think we're in for a little bit of solid pressure. looking for 195, expecting 215. if we are not north of 215, the market might rally a little bit and then sell off. now priced for perfection. david: what kind of selloff are people expecting? a minor 5% selloff for somethi
>> this moves the debt ceiling fight the back. now march 1, automatic spending cuts and defense and other programs begin to hit and government spending on march 27. next up, defense spending will be a topic of conversation in d.c. and congress. david: rich edson, thank you from d.c. liz: the chief strategist in the pits of the cme. right now i would love to sit here and talk about the trading action for today. the last day of january, it all @ooks very nice. it looks pretty good for...
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Jan 29, 2013
01/13
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that pushes the debt ceiling to may 18th. the back end of number of cliffs upcoming in the calendar. look here at the government deadlines the congress and white house are facing right now. first, march 1st are the automatic spending cuts known as the sequester. they begin to hit the federal budget. that is something that takes place over the course of the year and is gradual. march 27th, that is when government spending runs out. or a large chunk of it. if there is no agreement on that, that could shut down the federal government. you're looking at debt ceiling all the way on may 18th. congressional aides saying treasury is telling them pause of extraordinary measures they can use, this pushes the debt ceiling day back to sometime this summer perhaps if this is a bill that clears congress and the senate is going to consider it the next couple of days and likely it does pass of the because the debt ceiling is pushed off and the next real fast deadline is march 27th, that government spending deadline, analysts say that increas
that pushes the debt ceiling to may 18th. the back end of number of cliffs upcoming in the calendar. look here at the government deadlines the congress and white house are facing right now. first, march 1st are the automatic spending cuts known as the sequester. they begin to hit the federal budget. that is something that takes place over the course of the year and is gradual. march 27th, that is when government spending runs out. or a large chunk of it. if there is no agreement on that, that...
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it is the result of the 2011 deal that raised the debt ceiling he said he would prefer a comprehensive plan but he says congress still needs to take some sort of action. get a bigger package don by the time the sequester is scheduled to go into effect then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaged a fact of the sequestered. republicans were quick to criticize the president's plan saying that it relies too heavily on tax increases. the u.s. government can use lethal force against an american overseas if that person is a senior operational leader of and al-of al-qaeda or its affiliates. several of them did kill americans in 2011 he was in yemen american but never charged with a crime grand plans for the town where osama bin laden's lived $30 million park would include watersports many sports and pair guiding the private venture is expected to take five years to complete. a course that was rescued at the last moment will now have a lasting legacy meet the woman who saved the thoroughbreds life. and
it is the result of the 2011 deal that raised the debt ceiling he said he would prefer a comprehensive plan but he says congress still needs to take some sort of action. get a bigger package don by the time the sequester is scheduled to go into effect then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaged a fact of the sequestered. republicans were quick to criticize the president's plan saying that it relies...
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Jan 31, 2013
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>> i don't think we're going to see the debt ceiling being an issue. i think it would be foolish to hold the nation hostage by having a fight over the debt ceiling. i think we'll see it with sequestration. that's coming march 1st, not too far away and with the budget and the continuing resolutions. i think that's where the real fight will be, and i think we're seeing the consequences of an economy that's not investing, a government that has to pull back and what we saw in the gdp report yesterday, and, you know, who knows what we'll see tomorrow on the jobs report, but it's slowed down the economy and we're all waiting. >> absolutely. mark, good to have you on the program. thanks very much. >> thanks, maria, thanks, scott. >> we'll see you soon. the dow on pace for the best in 19 years or 24 years. it all depends on how you finish this hour. might be surprised to know that hewlett-packard is the top dow performer this month, and bank of america the worst. a quick reversal there of fortune because that was the exact opposite what have happened in 2012.
>> i don't think we're going to see the debt ceiling being an issue. i think it would be foolish to hold the nation hostage by having a fight over the debt ceiling. i think we'll see it with sequestration. that's coming march 1st, not too far away and with the budget and the continuing resolutions. i think that's where the real fight will be, and i think we're seeing the consequences of an economy that's not investing, a government that has to pull back and what we saw in the gdp report...
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Feb 6, 2013
02/13
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ceiling. they were once again pushed off for of -- 60 days as part of the fiscal cliff negotiations. the president believes he can buy more time and perhaps lawmakers will come to an agreement and so he is pushing for yet another short-term deal. but there are some republicans here on capitol hill that say maybe they are willing to let the sequestrations, these automatic cuts kick in because they believe there has been too much kicking the can down the road and they think this may be the only way to achieve true deficit reduction. duction. back to you guys. >> time is running out quickly. thank you. >>> d.c. mayor vincent gray focused on the successes of the city during his third annual state of the district address. last night's speech was held at the sixth and i historic synagogue in northwest. the mayor rolled off a number of achievements that he says prove the district is well on its way to being a big league world class city. he touted a drop in climb, unprecedented development and the cr
ceiling. they were once again pushed off for of -- 60 days as part of the fiscal cliff negotiations. the president believes he can buy more time and perhaps lawmakers will come to an agreement and so he is pushing for yet another short-term deal. but there are some republicans here on capitol hill that say maybe they are willing to let the sequestrations, these automatic cuts kick in because they believe there has been too much kicking the can down the road and they think this may be the only...
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debt ceiling is you cannot borrow, so you have to balance the budget tomorrow. in addition to that, there was the kind of not very real threat that we might default on the national debt or postpone payments, so you're playing with a combination of a big fiscal contraction and the possibility of triggering a financial crisis also. lori: i want to ask you about your book. after the music stopped, but about the financial crisis, to a dozen 7-8. looking back, said always 2020, what were the best actions taken by the federal government and the worst? >> at think there were three. in net you a tie for first? >> you know how tv works. >> one was tart. very unpopular, but effective and turn a profit for the taxpayer. second was the stimulus that we were just talking about. could have been better. was not a perfect stimulus bill, a pretty good given the political constraints. third, what almost no one ever talks about, the bank stress test. to me the banks stress test and this compared pedestrian 2009 was the equivalent of the fdr bank holiday. once was over people felt
debt ceiling is you cannot borrow, so you have to balance the budget tomorrow. in addition to that, there was the kind of not very real threat that we might default on the national debt or postpone payments, so you're playing with a combination of a big fiscal contraction and the possibility of triggering a financial crisis also. lori: i want to ask you about your book. after the music stopped, but about the financial crisis, to a dozen 7-8. looking back, said always 2020, what were the best...
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Feb 1, 2013
02/13
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. >> your thoughts on the debt ceiling. >> no. >> you think we are in danger of a bond bubble? >> i don't even know what that is. >> which mario has done a better job monti or draghi? >> monti or draghi? you know i have no idea what you're talking about, so -- >> what's your favorite show on television? >> hmm. "american greed." >> really? >> yeah. >> can you open that up for me? >> oh! >> you just made my day. >> i wish we could show more of that stuff. that was michael james, guys. and he was touched. because he tweets about "american greed" all the time. and i went on to talk to him about his favorite show and he's like god forgive me, but the one when the preacher steals from the church, and he went through this whole thing about how that's his favorite show. matt burke went to harvard he knows his stuff with the ravens and the kicker for the niners, he's a cramer guy and he's a conservative aaa-rated tax-free bond guy. >> i feel so bad for these guys because it's kind of like talking to me about football. if you ask me those questions, like oh, yeah. >> they would get angr
. >> your thoughts on the debt ceiling. >> no. >> you think we are in danger of a bond bubble? >> i don't even know what that is. >> which mario has done a better job monti or draghi? >> monti or draghi? you know i have no idea what you're talking about, so -- >> what's your favorite show on television? >> hmm. "american greed." >> really? >> yeah. >> can you open that up for me? >> oh! >> you just made my...
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Feb 1, 2013
02/13
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and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government spending was going to be with some certainty, that would be better than this constant not knowing. we're on the 60-day clock and then on the 90-day clock. we need to get on a four and five-year clock. and that's why a budget and appropriations bills will make a difference, chuck. >> what are the chances, michael, of those things happening? >> well, you know, i think a long-term solution doesn't look very practical right now. and one reason is that members of congress like mr. blunt, republicans, are -- i think that it's more important not to give more ground on taxes than it is to create certainty. so i think e
and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government...
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Feb 1, 2013
02/13
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today the senate agreed with the house and passed an extension of the debt ceiling, raised the debt ceiling for the future. and i didn't vote for that. there were no cuts included in that bill. the only cut that we have ever come up with is this 1.2 trillion, because the committee, the special select committee couldn't come up with a spending reductions, were now going to have as part as sequestration. i don't really believe in across the board cuts. i think that's irresponsible. but in the absence of cutting spending someplace to replace those 1.2 -- >> got to take it where you get it. >> it's not the only way we're going to get it. >> it's never a good time to cut spending. it's one of the things i've learned. i guess i saw it years ago when i worked down there. but reporting on this thing night after night, one of the things i learned, senator moran, is it's never a good time to cut spending. so march 1st is an interesting deadline. >> i'm not voting to set the sequester aside unless we cut the 1.2 trillion someplace else. >> good luck on that. senator jerry moran of kansas, thank you ve
today the senate agreed with the house and passed an extension of the debt ceiling, raised the debt ceiling for the future. and i didn't vote for that. there were no cuts included in that bill. the only cut that we have ever come up with is this 1.2 trillion, because the committee, the special select committee couldn't come up with a spending reductions, were now going to have as part as sequestration. i don't really believe in across the board cuts. i think that's irresponsible. but in the...
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Jan 31, 2013
01/13
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. >>> straight ahead, a senate vote on the debt ceiling in 30 minutes. what we expect to happen there and what it means for the larger budget bat until d.c. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk, blended with real wholesome cream. going fresh from the farm, to our fridge, in just six days. because we believe in fresh taste. that's the way we set the standard for intensely rich, luscious flavor. so our story of fresh taste always ends... deliciously. when it comes to taste, philadelphia sets the standard. >>> in the next hour, the senate is expected to vote on and pass the house's debt ceiling deal. a bill that su spends the debt limit for four months and foregoes the threat of default but doesn't end the fiscal threat. sequestration looms large over the capitol. a p
. >>> straight ahead, a senate vote on the debt ceiling in 30 minutes. what we expect to happen there and what it means for the larger budget bat until d.c. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk,...
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Feb 1, 2013
02/13
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debt ceiling. >> narrator: early on, republican freshmen attended orientation sessions. republican strategist frank luntz ran one of them. >> and i asked the question, how many of you are going to vote for the debt ceiling? and only three or four of them raised their hands. and i said, if you vote for the debt ceiling, the people who put you in office are going to knock you out. >> if you vote for the debt ceiling, you're voting for your own death certificate, political death certificate. >> narrator: for his part, the president decided to try something new: personal politics. he figured he could connect to the republican leader, john boehner. >> obama told his staff, john boehner is a country club republican, a golf-playing, cigarette smoking deal-maker. >>arrar: t predent invited boehner to play golf with him at andrews air force base. >> and afterward, they go back to the clubhouse, and they're having a drink; there's a photo op. and it's at that point when boehner says to the president, "hey, you know, on this debt ceiling stuff, we ought to do something big." >> nar
debt ceiling. >> narrator: early on, republican freshmen attended orientation sessions. republican strategist frank luntz ran one of them. >> and i asked the question, how many of you are going to vote for the debt ceiling? and only three or four of them raised their hands. and i said, if you vote for the debt ceiling, the people who put you in office are going to knock you out. >> if you vote for the debt ceiling, you're voting for your own death certificate, political death...
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i think they will do the same thing on the upcoming debt ceiling and sequestration. ashley: so if we do have this pullback after the state of the union, jeff, what sectors or stocks in particular do you like? >> i actually like all the sectors except the consumer staples. a lot of portfolio managers, professional money has been hiding out in the consumer staples because they were worried about the upcoming election, the fiscal cliff, the debt ceiling, china slowing, you name it, dysfunctional government. now it has become more apparent our dysfunctional government has become a little bit less dysfunctional i think investors will start to have to look at the fundamentals. i think the fundamentals with the housing situation, the automobile strength i think it is going to come to the fore. tracy: i hope you're right, jeff saut, with raymond james. thank you very much, sir. >> you bet. ashley: jeff says when housing is healthy and automobile industry is healthy that's always a good sign for a solid recovery. tracy: he is not wrong, right? they do kumbaya at the last minu
i think they will do the same thing on the upcoming debt ceiling and sequestration. ashley: so if we do have this pullback after the state of the union, jeff, what sectors or stocks in particular do you like? >> i actually like all the sectors except the consumer staples. a lot of portfolio managers, professional money has been hiding out in the consumer staples because they were worried about the upcoming election, the fiscal cliff, the debt ceiling, china slowing, you name it,...
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Jan 29, 2013
01/13
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once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david ciciline and mayor greg stanton of phoenix. you should have seen the way it was spelled in my prompter. you should have seen it, alex. you can't. you know? they try to make things easier for me, and then i just mess it up. now with alex wagner coming up next. don't go anywhere. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why s
once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david...
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Feb 1, 2013
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the debt ceiling fight will resurface in the summer. >>> new polls showing the nra's opposition to reforming certain gun laws isn't registering with the american public. according to polling, more than 90% of voters in three states say they support wider background checks for people buying weapons at gun shows. that includes voters who live in households with a gun. when it comes to the question of armed police in schools, more voters in virginia, new jersey, and pennsylvania support the idea than oppose it. the board of education in new it is town, connecticut, is requesting funding for armed police officers in four elementary schools for the next school year. in chicago, meanwhile, mayor rahm emanuel is moving 200 officers from desk duty to the streets amid the city's most violent months in decades. 42 people have been murdered this year including 15-year-old who was shot dead this week while hanging out with friends in a park. >> when any young person in our city is gunned down without reason, their death makes an impression on all of us. and it demands action from all of us. the loss of
the debt ceiling fight will resurface in the summer. >>> new polls showing the nra's opposition to reforming certain gun laws isn't registering with the american public. according to polling, more than 90% of voters in three states say they support wider background checks for people buying weapons at gun shows. that includes voters who live in households with a gun. when it comes to the question of armed police in schools, more voters in virginia, new jersey, and pennsylvania support...
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Jan 29, 2013
01/13
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CNBC
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we seemed to have punted down the road the idea of using the debt ceiling as a bargaining chip. that's question number one. number two, can the rate of earnings grow? the earnings numbers are okay. earnings growth has slowed. can that rate of earnings growth sustain this kind of rally, these kinds of prices and evaluations. >> what do you think, kenny? >> i think it's ahead of itself. listen, the government put the sequestration and debt ceiling on vacation for six to ten weeks. therefore, the markets are concentrating right now. as we move through february, you can believe sequestration is going to come to the top again. when it does, it will have that whole sense of anxiety. >> let me answer questions. we are seeing revenue growth now. we have no revenue growth last quarter, now almost 4% in the quarter. if we get an acceleration even modestly top line growth, 5% maybe, that will go right to the bottom line. >> i want to get to rick santelli. he had an auction that went off the board. how does it look, ricky. >> doesn't look bad. we'll give it a grade in a minute. one issue ma
we seemed to have punted down the road the idea of using the debt ceiling as a bargaining chip. that's question number one. number two, can the rate of earnings grow? the earnings numbers are okay. earnings growth has slowed. can that rate of earnings growth sustain this kind of rally, these kinds of prices and evaluations. >> what do you think, kenny? >> i think it's ahead of itself. listen, the government put the sequestration and debt ceiling on vacation for six to ten weeks....
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Jan 31, 2013
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ceiling. it would allow an estimated 450 billion dollars in new debt to be added to the ledger. the house passed the measure last week. >>> prosecution star witness in the phylicia barnes' murder trial took the stand. james lee claims he saw her dead body in michael johnson's apartment back in 2010. he is charged with the teen's murder and his lawyer tried to discredit lee as an uncredible witness. >>> 35 police recruits are graduating today from the maryland transportation authority police training academy. they're going to be assigned to places like bwi airport and the port of baltimore. >>> and listen to this. a century old nickel is worth a lot more than five cents. the 1913 liberty head nickel goes on auction today or rather next month and it could sell for as much as $5 million. again, this is a nickel. there's only -- there are only five of its kind in the entire world. >> millions, unreal. >>> give yourself extra time this morning when going to work. some of the roads will be underwate
ceiling. it would allow an estimated 450 billion dollars in new debt to be added to the ledger. the house passed the measure last week. >>> prosecution star witness in the phylicia barnes' murder trial took the stand. james lee claims he saw her dead body in michael johnson's apartment back in 2010. he is charged with the teen's murder and his lawyer tried to discredit lee as an uncredible witness. >>> 35 police recruits are graduating today from the maryland transportation...
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Jan 31, 2013
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ceiling the next time, so let's lose here gracefully and then not lose on the debt ceiling where the outcome could be more disastrous for markets if we don't have a debt ceiling increase. if you have a sequester, it's going to be a problem for gdp over the course of the year. it's not going to be an immediate problem, i don't think, for markets if the government says, hey, we're going to cut tens of billions of dollars of spending right away. >> losing gracefully. what a concept. a concept. a concept. cnbc's amman javers. >> i'm great at losing gracefully. >> so am i. >> thank you for your insight and time. >> coming up from immigration to reproductive rights to fiscal krn. tea partiers have undermined the efforts of established republicans. who will win the great republican tug-of-war? we will discuss just ahead. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large pro
ceiling the next time, so let's lose here gracefully and then not lose on the debt ceiling where the outcome could be more disastrous for markets if we don't have a debt ceiling increase. if you have a sequester, it's going to be a problem for gdp over the course of the year. it's not going to be an immediate problem, i don't think, for markets if the government says, hey, we're going to cut tens of billions of dollars of spending right away. >> losing gracefully. what a concept. a...
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Feb 1, 2013
02/13
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the bill postponed the debt ceiling debate until the middle of may. it is call the no budget no pay bill that requires lawmakers to pass a budget or their paychecks will be withheld. the white house says president obama will immediately sign it. >>> president obama's choice to head the defense department was on the defense himself during harsh questioning from fellow senators. former nebraska senator chuck hagel was grilled yesterday by members ever the senate armed services committee. several times, hagels was put on the spot over his support for israel, his refusal to go along with sank00s on iran and his past positions on the iraq troop surge. one republican is supporting him but hagel will need a few more to overcome any gop filibuster to his nomination. >>> the country is remembering a national tragedy today. it was 10 years ago today the space shuttle include broke apart in the skies over texas as it re-entered the earth's atmosphere. all seven crew members died. there will be remembrance ceremonies today at kennedy space center and arlington na
the bill postponed the debt ceiling debate until the middle of may. it is call the no budget no pay bill that requires lawmakers to pass a budget or their paychecks will be withheld. the white house says president obama will immediately sign it. >>> president obama's choice to head the defense department was on the defense himself during harsh questioning from fellow senators. former nebraska senator chuck hagel was grilled yesterday by members ever the senate armed services committee....
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Feb 5, 2013
02/13
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you have the end of the later budget and then the debt ceiling this summer. happening over and over and over again. when there will be if ever a grand bargain, i frankly don't know and i wouldn't bet on it given the mood in washington right now. >> and meanwhile, we should point out, projections of the we have sit for 2013 under a trillion dollars down to 845 so maybe -- >> that's another point. >> sometimes -- >> exactly. >> the other thing is immigration. obviously, you know, high on washington's agenda this year, high on the administration's agenda. we had the news in the senate a week or two ago about potential bipartis bipartisan compromise with basically the enforcement and the pathway to citizenship and looks like that sort of that compromise might be hitting a snag in the house. the republican-controlled house where you have the republican chairman of the jewish dare committ committee this week holding hearings saying that's way too far. the further out i heard anybody go is eric cantor basically saying a version of the dream act with the children of
you have the end of the later budget and then the debt ceiling this summer. happening over and over and over again. when there will be if ever a grand bargain, i frankly don't know and i wouldn't bet on it given the mood in washington right now. >> and meanwhile, we should point out, projections of the we have sit for 2013 under a trillion dollars down to 845 so maybe -- >> that's another point. >> sometimes -- >> exactly. >> the other thing is immigration....
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Feb 6, 2013
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if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and the entire $1.2 trillion will be a 50-50 defense between defense and spending. to put us into perspective is the center for social inclusion. the sequester was designed to be something that would never happen. prot expect would scare washington into coming out with something else. there sounds out of washington, particularly from republicans that they might be okay with nothing happening and sequester being triggered. half is defense and half non-domestic discretionary spending. can you explain to people what would be cut if the sequester goes into effect. >> it's a pleasure to be here.
if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and...
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what debt ceiling? it looks like someone in washington is doing a big messaging switcheroo. they don't want us talking about how badly they have mismanaged our nation's finances. instead, let's get people talking about something that is also important, freedom, freedom to bear arms, freedom for people to travel to and from our country. well, the president can pretend he is a big skeet shooter, but it is insulting to think you will notice your paycheck has shrunk as a first of the year. melissa: and be sure to watch the tom sullivan show this weekend at seven and 10:00 p.m. on saturday and on sunday at 7:00 a.m. and 7:00 p.m. eastern. what do you think of the market? 14,000, up next week, the dow? >> we are rich. okay. i think it will bring people into the market. probably good. chase the market up as the money comes in. melissa: absolutely. all right. have a great weekend everybody. we'll see you back here monday. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" it's super bowl weekend, and the point scoring has already begun. we are talking abou
what debt ceiling? it looks like someone in washington is doing a big messaging switcheroo. they don't want us talking about how badly they have mismanaged our nation's finances. instead, let's get people talking about something that is also important, freedom, freedom to bear arms, freedom for people to travel to and from our country. well, the president can pretend he is a big skeet shooter, but it is insulting to think you will notice your paycheck has shrunk as a first of the year. melissa:...
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Feb 1, 2013
02/13
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in exchange for temporarily suspending the debt ceiling debate. the bill requires lawmakers in both chambers of congress, to pass a budget by mid-april. or have their pay withheld. the measure now advances to president obama's desk to be signed into law. >> the next time a child is abducted near you, your cell phone may shriek to life with an alert message. a new national amber alert system officially rolled out to millions of cell phones. the alerts are automatically active on most newer phones. and they've already taken tens of thousands of people by surprise. the newly-expanded emergency alert system is one way fema is trying to update how it reaches people with new technology. >> today marks the 10th anniversary of the space shuttle columbia disaster, which killed all seven crew members. following the disaster, nasa re-named a weather balloon launch facility to honor those on the shuttle. with the large amount of debris that fell nearby, the facility became a makeshift collection site. today the balloon facility is one of 62 launch sites in th
in exchange for temporarily suspending the debt ceiling debate. the bill requires lawmakers in both chambers of congress, to pass a budget by mid-april. or have their pay withheld. the measure now advances to president obama's desk to be signed into law. >> the next time a child is abducted near you, your cell phone may shriek to life with an alert message. a new national amber alert system officially rolled out to millions of cell phones. the alerts are automatically active on most newer...
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we have avoided the fiscal cliff posted on the debt ceiling. earnings are decent, decent economic indicators here and outside the u.s. on balance is good, not everyone of them. we have central bankers all over the world, but begging for reflation putting money in the system and a lot of cash getting zero return and those things i think are the reason the stock is likely to continue going. connell: that is the last one i want to pick up on because reading your most recent numbers is lack of tolerance for the cash balances giving a zero return, so people do look and say i can't get a return for a decent yield on anything, so i would rather be in stocks than any kind of fixed income class. if any of that changing in the future, and if so at what point? interest rates have to go up some point, don't they? >> i think they will continue to creep higher, but they can't go a lot higher because the economy would then weekend. so i think as we globalize and the rate race will continue hig, but a lot of cash out there saying when things were volatile in t
we have avoided the fiscal cliff posted on the debt ceiling. earnings are decent, decent economic indicators here and outside the u.s. on balance is good, not everyone of them. we have central bankers all over the world, but begging for reflation putting money in the system and a lot of cash getting zero return and those things i think are the reason the stock is likely to continue going. connell: that is the last one i want to pick up on because reading your most recent numbers is lack of...
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Feb 6, 2013
02/13
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but i think that maybe part of what we are seeing on the debt ceiling is the last fight over the debt ceiling back in the summer of 2011 turned out to be a terrible self-inflicted wound for the american economy. we saw consumer confidence plummets, our debt got downgraded. i think that's part of why i think even republicans who care very much about spending are nervous to use as a bargaining chip again, precisely we saw how damaging bringing into question the credit worthiness of the american government was. so am hopeful that we won't keep fighting over this, that we'll have the right fight, which is what she' just any become whicho about the deficit, and not should we pay the bill. i think that's a terrible what. >> and there's a very interesting question about whether, in retrospect, whether republicans leveraging the debt limit in the summer of 2011 could get a bill that cut spending by one to $2 trillion going forward, whether, in fact, that was worth it. because what they did was they introduce liquidity rates by saying hey, if you don't cut spending when not going to vote for a
but i think that maybe part of what we are seeing on the debt ceiling is the last fight over the debt ceiling back in the summer of 2011 turned out to be a terrible self-inflicted wound for the american economy. we saw consumer confidence plummets, our debt got downgraded. i think that's part of why i think even republicans who care very much about spending are nervous to use as a bargaining chip again, precisely we saw how damaging bringing into question the credit worthiness of the american...
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Jan 31, 2013
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the bill that's currently being voted on is to suspend the debt ceiling. i've had several e-mails i have to say, congressman, in the last 24 hours, the word suspend makes some people nervous but i think that, i don't see any malicious intent to allow the debt ceiling to get out of control before may, so you think that one is going to pass, correct? >> i think it is going to pass and the suspension was done because the treasury can't tell us right now what will get us past the budget season. our goal was it's not the fact that we have this huge debt which is a gigantic issue. there's no plan to ever get out of debt so we're trying to push back to the senate to say you do a budget, we'll do a budget and as soon as the budget is over for both of us, then we'll deal with the debt ceiling after that. why are we dealing with the debt ceiling when we don't have a plan to stop overspending. >> it's pretty hard to go through a budget when there is no budget at least on the senate side one that both houses passed. let's get to the meat of what i want to discuss. we
the bill that's currently being voted on is to suspend the debt ceiling. i've had several e-mails i have to say, congressman, in the last 24 hours, the word suspend makes some people nervous but i think that, i don't see any malicious intent to allow the debt ceiling to get out of control before may, so you think that one is going to pass, correct? >> i think it is going to pass and the suspension was done because the treasury can't tell us right now what will get us past the budget...
WHUT (Howard University Television)
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Feb 6, 2013
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charlie: looking today at the debt ceiling question. do you think that's more severe and more threatening than any sequestering? >> by far. by far. the sequester, if it happens on march 1, is going to cut government spending immediately by about 85 billion. that's about 6 or 7 tenths of a percent of g.d.p. and over ten years 1.2 trillion. if we bump into the national debt ceiling and by the way the good news is the republicans are talking more and more like this is not going to happen. but if we do, we have to go to a balance budget in a minute. can't borrow anymore. we've got a deficit that's, let's just call it morning friends a trillion. the c.b.o. estimate was a little bit below finally. but around the neighborhood of a trillion. that's 12 times 85. on top of that, you will... you have the danger of kicking off a worldwide financial panic as people start worrying about, well, is the united states going to default on its debt? if it comes down to paying social security payments or the interest on the debt, are we so sure that america
charlie: looking today at the debt ceiling question. do you think that's more severe and more threatening than any sequestering? >> by far. by far. the sequester, if it happens on march 1, is going to cut government spending immediately by about 85 billion. that's about 6 or 7 tenths of a percent of g.d.p. and over ten years 1.2 trillion. if we bump into the national debt ceiling and by the way the good news is the republicans are talking more and more like this is not going to happen....
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Jan 31, 2013
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it's set to vote on a bill that would allow the debt ceiling to keep going up through the middle of may. that would delay the expected shutdown -- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long
it's set to vote on a bill that would allow the debt ceiling to keep going up through the middle of may. that would delay the expected shutdown -- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's...
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Jan 31, 2013
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and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated energy drinks? health correspondent betty ann bowser asks a psycho- pharmacologist. and on making sense, economist dean baker weighs in on the causes of rising economic inequality in the united states. all that and more is on our website newshour.pbs.org. jeff? >> brown: and that's the "newshour" for tonight. i'm jeffrey brown. >> brown: and i'm judy woodruff. we'll see you online and again here tomorrow evening with mark shields and david brooks among others. thank you and good night. >> major funding for the pbs newshour has been provided by: >> and the william and flora hewlett fou
and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated...
SFGTV2: San Francisco Government Television
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Feb 5, 2013
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ceiling controversy in washington. >> my favorite book just recently, and i tell you it is $9.95 on amazon, is president kennedy's book called "nation of immigrants." it was written in the early 1960's. it will take you a couple of hours to read it again. it is a fabulous book and makes you realize that nothing has changed in the last 50 years. he talks about why we are a nation of immigrants and why that has been the strength of america. so, yes, we are all a nation of immigrants. we should remember that in these debates. but florida has an interesting process, something the all states should adopt, but every 20 years, a group of 30 citizens are awarded by the governor, the speaker of the house, the senate, supreme court, to rewrite florida's constitution, every line of it. it does not go to the legislature. all those pesky lobbyists out there do not get a chance to lobby one way or the other. goes right to the citizens of the state. took us two years to do that. we look at these issues. in florida's constitution, a quality education is now in the florida constitution. i do believe
ceiling controversy in washington. >> my favorite book just recently, and i tell you it is $9.95 on amazon, is president kennedy's book called "nation of immigrants." it was written in the early 1960's. it will take you a couple of hours to read it again. it is a fabulous book and makes you realize that nothing has changed in the last 50 years. he talks about why we are a nation of immigrants and why that has been the strength of america. so, yes, we are all a nation of...